Acquisitions (Tables)

9 Months Ended

Sep. 30, 2025

Total consideration as of September 30, 2025, is as follows:


(In millions)
Cash consideration paid	$	432
Payment of 2-10 HBW indebtedness		157
Payment of 2-10 HBW transaction costs		15
Total purchase price consideration		604
Less: Acquired 2-10 HBW cash		(24	)
Total purchase price consideration, net of cash acquired	$	580

Summary of Consideration Paid and Identified Assets and Liabilities Assumed at Acquisition Date

A summary of the consideration paid and the amounts of identified assets acquired and liabilities assumed at the acquisition date, as determined based on management's preliminary assessment of the acquisition date fair value, is as follows:


(In millions)
Cash and cash equivalents	$	24
Marketable securities		15
Receivables		4
Prepaid expenses and other current assets		8
Property and equipment, net		6
Goodwill		469
Intangible assets		298
Long-term marketable securities		39
Deferred reinsurance		64
Other assets		9
Accounts payable		(1	)
Accrued liabilities:
Payroll and related expenses		(8	)
Home warranty claims		(7	)
Other		(6	)
Deferred revenue		(29	)
Deferred tax liabilities, net		(23	)
Unearned insurance premium		(232	)
Long-term deferred revenue		(12	)
Other long-term liabilities		(13	)
Total consideration paid	$	604

- Definition

Tabular disclosure of business combination. Includes, but is not limited to, recognized asset and liability.

+ References + Details

Frontdoor, Inc. 10-Q